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3850 Wayne Ave; Memphis, TN Property Details

3850 Wayne Ave, Memphis, TN is a Single Family that was built in 1947. This property is currently a cash purchase and is not for sale. Our records show that 3850 Wayne Ave has 2 bedrooms, and 1 bathroom, and a total of 773 square feet. The lot size of 3850 Wayne Ave is 11,306 square feet.

Off market
3850 Wayne Ave Memphis, TN 38122
$37,000 Listing Price
2 Beds
1 Baths
773 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1947
  • Purchase Price: $37,000
  • Est. Equity / %: $98,000 / 100%
  • Gross Yield: 9.722%
  • APN: 03-8088-0-0064
  • Situs County: Shelby
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Building Condition: Average
  • Building Quality: D
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 773/SqFt
  • Lot: 11,306/SqFt
  • Gross: 773/SqFt
  • Garage: 220/SqFt
  • Living: 773/SqFt
  • Building: 773/SqFt
  • Ground: 773/SqFt
  • Garage Unfinished: 220/SqFt
  • Price Per Square Foot: $47.87

Legal Description

  • Description: NS WAYNE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Shelby County School District
  • Lat / Lon: 35.16166 / -89.93236
  • Subdivision: Shelby Terrace
  • Property Class: Residential
  • Zoning: R-6
  • County Use Code: 062

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2325
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Central

HOA

  • H O A One Name: Shelby Terrace
  • H O A One Type: Home Owner Association

Ownership Info

3850 Wayne Ave has no associated ownership info
3850 Wayne Ave has no associated ownership info.

Taxes

3850 Wayne Ave has 10 associated Taxes items

3850 Wayne Ave, Memphis, TN pays taxes in Shelby County, TN. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $21,475. The APN we've located for 3850 Wayne Ave is 03-8088-0-0064.

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Taxes
  • Assessed Value:  $21,475
  • Assessed Year:  2025
  • Assessed County:  Shelby
  • APN:  03-8088-0-0064
  • Assessed Land Value:  3750
  • Market Land Value:  15000
  • Tax Amount:  577.68
  • Tax Year:  2025
  • Market Value:  85900
  • Market Year:  2025

Tax History

3850 Wayne Ave has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $21,475 Land Value $3,750 Improvement Value $17,725 Tax Amount $577.68 Change Rate +0.333918% Assessed CR Tax Rate +0.0269%
Year 2024 Assessed Value $12,775 Land Value $2,200 Improvement Value $10,575 Tax Amount $433.07 Change Rate Assessed CR Tax Rate +0.0339%
Year 2023 Assessed Value $12,775 Land Value $2,200 Improvement Value $10,575 Tax Amount $433.07 Change Rate -0.443505% Assessed CR Tax Rate +0.0339%
Year 2022 Assessed Value $12,775 Land Value $2,200 Improvement Value $10,575 Tax Amount $778.21 Change Rate -0.011596% Assessed CR Tax Rate +0.060917%
Year 2021 Assessed Value $12,775 Land Value $2,200 Improvement Value $10,575 Tax Amount $787.34 Change Rate +0.067898% Assessed CR Tax Rate +0.061631%
Year 2020 Assessed Value $10,175 Land Value $2,200 Improvement Value $7,975 Tax Amount $737.28 Change Rate +1.267159% Assessed CR Tax Rate +0.07246%
Year 2019 Assessed Value $10,175 Land Value $2,200 Improvement Value $7,975 Tax Amount $325.2 Change Rate Assessed CR Tax Rate +0.031961%
Year 2018 Assessed Value $10,175 Land Value $2,200 Improvement Value $7,975 Tax Amount $325.2 Change Rate -0.023042% Assessed CR Tax Rate +0.031961%
Year 2017 Assessed Value $10,175 Land Value $2,200 Improvement Value $7,975 Tax Amount $332.87 Change Rate +0.223787% Assessed CR Tax Rate +0.032714%
Year 2016 Assessed Value $8,000 Land Value Improvement Value Tax Amount $272 Change Rate -0.221968% Assessed CR Tax Rate +0.034%
Year 2014 Assessed Value $8,000 Land Value Improvement Value Tax Amount $349.6 Change Rate Assessed CR Tax Rate +0.0437%